Landlords 'need a detailed inventory'
Landlords have to make sure they carry out a detailed inventory before letting someone move in to a property.
This is the expert guidance offered by Malcolm Harrison, a spokesman for the Tenancy Deposit Scheme, who noted the document will help resolve any disputes between an owner and a renter.
Indeed, anyone seeking out property to rent in London would be well advised to insist upon checks of this nature being carried out.
"If a landlord does his own inventory then it has got to be signed off by the tenant as well as the landlord. The tenant has got to sign it," Mr Harrison remarked.
His comments come after research by Total Landlord Insurance discovered over half of property owners have experienced a dispute when it comes to their tenant moving out.
As well as this, 65 per cent carry out their own inventories, rather than getting one drawn up professionally, which can create problems further down the line.
Posted by Chris Price
Published 3rd July, 2012
© 2012 Estates IT Limited
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Property owners have to make sure they carry out a detailed inventory in case any disputes need settled.